RE: [Crypto Trading Strategy with Triple Exponential Moving Average (TEMA) indicator] - Crypto Academy / S6W2 - Homework Post for professor @fredquantum.

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[Crypto Trading Strategy with Triple Exponential Moving Average (TEMA) indicator] - Crypto Academy / S6W2 - Homework Post for professor @fredquantum.

in hive-108451 •  3 years ago 
Dear @blessingkasabe. Thanks for participating in the Steemit Crypto Academy Season 6 Week 2. See the ratings and feedback of your entry below.

Criteria Rating
Originality 1.5/2
Compliance with topic 1.25/1.5
Consistency of method 2/2
Quality of Analysis 1.5/2
#club5050/ #club75/ #club100 1/1
Clarity of language and structure 1.5/1.5
Total 8.75/10

Feedback/Suggestions

  • Your effort on this is quite great but there are a few inconsistencies that cost you.

  • In question 1, you have shown your understanding of the TEMA indicator and in question 2, you have explained how it's calculated, added it to the chart, and explained its settings. No proper analysis of your choice of period is missing.

  • In question 3, you have compared some moving average types with TEMA.

  • In question 4, you have shown the identification and confirmation of trends on the chart, likewise, support and resistance levels with TEMA.

  • For question 5, you have combined two TEMAs at different periods and have highlighted the signals that can be extracted. Although, you have not properly highlighted why you chose those periods.

  • In question 6, you have listed the trade entry and exit criteria with 2 TEMAs .

  • And in question 7, you have combined another indicator with TEMAs to verify the crossovers before making an entry. You have placed the trades. The real trade requires that you use a margin trade and not spot. Take note.

  • Overall, Excellent effort. I look forward to seeing your next entries in the Academy. Thank you.

  • Total| 8.75/10

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